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Nearly Half of Large Metros Reach Historic Stable Range
Monday, October 26, 2015
Two Pennsylvania metropolitan areas, Scranton and
Harrisburg, won the MiMi seal of approval in August. Freddie Mae said the two moved into what it
considers the outer range of stable housing activity during the month. This bring the total of "stable" metros to 47
of the 100 largest ones in the country.
Twenty-nine states and the District of Columbia are also within the
stable range on the Multi-Indicator Market Index.
Freddie Mac constructs the MiMi to monitor
and measure the stability of the nation's housing market as well as those of
the states and large metropolitan areas.
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